How PM Imran Khan was humiliated during OIC conference.

Pakistani Prime Minister Imran Khan has condemned the construction of the Ayodhya Ram Temple in India at the Conference of Islamic Countries (OIC).

EFCC Arraigns Man over N6.2m Forex Deal in Uyo

The Uyo Zonal Office of the Economic and Financial Crimes Commission, EFCC on Monday, January 25, 2021 arraigned one Inibehe Ndarake Eden before Justice F. O. Riman of the Federal High Court sitting Uyo, Akwa Ibom State.

He was arraigned on a one-count charge bordering on obtaining by false pretence to the tune of N6,200,000.00 (six million, two hundred thousand naira).

The defendant allegedly obtained the said sum from one Inime Marcus Umanah sometime in July 2017, on the pretext that he will invest it for him in forex trading.

Umanah, according to his petition dated May 17, 2019 alleged that he agreed to invest the money because of the profit sharing formula of 80% and 20% for investor and trader respectively...

...and that he will also be getting 30% of the invested capital monthly, through his trading system, Eden System-FX.

THREAD

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#Iran's echo chamber at work

@JZarif describes Qassem Soleimani as a "national hero" who defeated ISIS

Iran apologists/lobbyists begin

Can anyone fathom out how weapons like this make their way into the hands of terrorists in Nigeria?

These weapons are in boxes marked with serial numbers. Where there are serial numbers there are invoices or receipts. Which means it was imported. This is worrisome and raise questions about where the terror groups are sourcing their heavy weapons.

Weapons proliferation was once linked to the fall of Gadaffi. Libya was at one point the main source of arms to terror groups on the continent. For those unaware of the dynamics ill give a brief explanation:

When NATO bombed the crap out of the Gadaffi regime in 2011, Libya lost control of a large part of the stockpile it had amassed in over 40 years. The CIA made several calls for ground troops to be deployed to secure Gadaffi's amoury from falling into the hand of rebel groups.

The French kicked against sending ground troops, saying it will give the impression Libya was under a NATO occupation, Its just not worth the political capital to do so. The CIA made this call TWICE and TWICE it was shut down. The logic was securing those sites

Why should we be careful when talking about a “jobs bounce-back” in South Africa? - A THREAD.

You don’t get better labour market economists in South Africa than the @NIDS_CRAM team, but the main finding of an “employment bounce-back” seems counterintuitive. What’s going on? 1/n

NIDS-CRAM does NOT show a rebound to pre-COVID employment levels. They report 700,000 job lost between Feb and Oct 2020, this is massive = 3.85% fall (broad definition). The authors of the employment paper say this could be as high as 5.3% or 960,000 jobs.

The authors @joshbudlender @ihsaanbassier (+ Rocco) also show that Oct employment is normally higher than Feb employment, super roughly Oct is plausibly around 102% of Feb. This means it’s plausible 360,000 jobs would have been gained between Feb-Oct *anyway*.

This would mean - within the study parameters - it’s possible COVID has caused up to (an outer outer limit) of 1.32 million job losses when comparing Oct 2020 with what we would have expected it to be in normal times. This is a total disaster in the context of the SA economy.

This is roughly what we should expect from the StatsSA QLFS. This showed 2.2 million jobs lost in first half of 2020, and 543,000 regained in Q3, meaning a loss of just under 1.7 million jobs in first 9 months. We’d definitely expect some more jobs regained in Oct-Dec.

If the communist party of China succeeds in their quest to take over America, and vanquish liberty from the earth, those American citizens who vote for the Democrat establishment, will deeply regret having done so, when the Chinese communists openly ridicule and disclose how